If you want a read on US equity markets shut off CNBC. CNBC will not make you a dime.
If you are an owner of stocks you better be ready for a long haul.
Listening to the touts on CNBC talking their book is more than disgusting.
Ray Dalio, today from Davos, Switzerland, hit the nail on the head. Find the clip on the internet and listen. Listen very carefully.
There is a shit show of government intrusion into fair markets and the bubble has been pricked. The dislocation is broadening. Contagion is here.
As I said in this blog 5 days ago, it is just getting a start.
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